Probability Distributions

Probability Distributions are used as an aid in Businesses while making Financial Risk Assessments, Inventory or Sales Forecasting, Annual Planning, etc. They are also used to determine the probability of demand for certain product or probability of number of people visiting the store in specific time interval and so on. This article mentions basic Discrete… Read more Probability Distributions

As the aspiring data analysts and scientists, we have been reading on every second web link that probability lies as the bedrock of the data science. However, we often fail to understand why we should study probability and how it makes relevance. In this article and some other following articles, I have tried to put… Read more Probability for Data Science